Description

New commercial paper of Rs. 5 lakh denomination listed on BSE Debt segment with 34-day maturity period.

Summary

Shree Cements Ltd. has listed new commercial paper worth Rs. 50 crores (1000 units of Rs. 5 lakh each) on BSE Debt segment. The commercial paper was issued on private placement basis with 34-day maturity period and carries CARE A1+ and CRISIL A1+ credit ratings.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 denomination each
  • Quantity: 1000 units (Total value: Rs. 50 crores)
  • Scrip Code: 729917, Scrip ID: SCL280725
  • ISIN: INE070A14810 (Further listing under same ISIN)
  • Credit Rating: CARE A1+ and CRISIL A1+
  • Issue Price: Rs. 4,97,322.50 per unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • HDFC Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment Date: August 20, 2025
  • Listing Date: August 20, 2025
  • Redemption Date: September 23, 2025
  • Maturity Period: 34 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing by an established cement company. The short-term nature (34 days) and private placement basis limits broader market implications. Standard credit ratings indicate normal corporate funding activity.

Impact Justification

Routine commercial paper listing with standard terms and short maturity